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pshichka [43]
3 years ago
12

3. According to their comparative advantage, Alphaland specializes in axes and Betaville specializes in batons. Alphaland will t

rade axes for batons if: (A) The price of batons is higher than Alphaland's cost to produce axes. (B) The price of batons is lower than Betaland's cost to produce axes. (C) The price of batons is lower than Alphaland's cost to produce batons. (D) The price of batons is higher than Betaland's cost to produce axes.
Business
1 answer:
Nady [450]3 years ago
7 0

Answer: Option (C) is correct.

Explanation:

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that good is lesser in that country as compared to the other country.

From the information given in the question, it is clear that Alphaland has a comparative advantage in axes and Betaville has a comparative advantage in batons.

Hence, Alphaland will trade axes for batons only if the price of batons is lower than the cost of producing it in Alphaland. So that there is a possibility mutually beneficial trade.

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Dima020 [189]

Answer:

Behavioral questions

Explanation:

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nasty-shy [4]

Below is the correct outline of the question:

Eduardo goes to his mentor, Mateo, to get tips for improving his performance.

Type of training:________

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Type of training:________

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Answer:

1. Type of training: Developmental

2. Type of training: Developmental

3. Halo error

4. Frame of Reference (FOR) training

Explanation:

Eduardo goes to his mentor, Mateo, to get tips for improving his performance.

Type of training: <u>Developmental</u>

While reviewing his goals for the year, Tyrell and his manager discuss what training Tyrell might require to accomplish next year's goals.

Type of training: <u>Developmental</u>

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Further Explanation:

For (1) and (2) A development training involves identifying areas employees need to improve on and organizing training programs to strengthen those skills that each employee needs to improve.

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ivolga24 [154]

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